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BYD sees profits fall 11.6% amid intense local competition in China
https://www.dagens.com/autos/byd-sees-profits-fall-11-6-amid-intense-local-competition-in-china
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cars
electric car
business
china
economy
autos
electric vehicles
byd
China’s largest electric vehicle manufacturer, BYD, is facing growing pressure in its domestic market. As rivals surge ahead and price wars escalate, the automaker is being urged to expand internationally to protect its profits.
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